Our banks are sitting on a trillion+ dollars but demanding 18% returns and so investing overseas, not in American businesses. Great for the stockmarket – but not for workers. And WE bailed these bloodsucking Plutocratic Neobarons out. That does “suck”.
Entire factories shipped over seas – equipment, expertise, and patents – so long sustainable jobs and economy – and our own government picking up part of the tab. That does “suck”.
FDR got it right when he said that without freedom from want, we don’t want freedom (okay so I paraphrased a bit). Oddly enough, it takes a contagion of hope to move large numbers of Americans to vote – and out of poverty. What our Democratic Party is not doing is providing a credible vision of a future that is better economically than the present.
Further, 42% of our children are born out of wedlock, 72% and 62% in some demographics. When I graduated high school, that figure was 5%. Why isn’t marriage seen as “paying” or “better” than single parenthood by young men and young women? For the future of THIS country having this high number of out of wedlock, single parent children truly sucks.
Children with two parents, whether same or different sexes, have a poverty rate of less then 10%; with one parent, more than 40%.
These three issues, if not addressed by the Democratic Party will lead to continued “vote the incumbents out” and what Jim Caralis wrote so eloquently about as to why “we suck” as a party:
1. Failure to fight for “made in American” rather than “Sold cheap to Americans”; sustainable living wage jobs come from production, not consumption.
2. Explosive growth in ‘entitlements’ for children born out of wedlock rather than making marriage more financially rewarding than entitlements – 6% of children in two parent families need entitlements – 43% of out of wedlock children receive these entitlements. The Census shows in some areas 73% of children are born “out of wedlock” with the other parent employed. Are we paying our fecund young not to marry, and to remain in poverty?
3. The uncontrolled growth of bank greed is a HUGE driver of the decline of our economy. What happened to responsible, reasonable, sustainable profits? With our own banks sitting on trillions of dollars, refusing to invest in local small and medium businesses, and sending capital abroad to maximize profits, Wall Street battens and Main Street is on the dole collecting food stamps. Does President Obama really think India will buy steel from Ohio when the plants were all shipped to China?
Sorry, but a continuing failure to take on all three issues means our party will “suck” and throwing out incumbents will become a more and more popular sport. Whoever is in power must be the person to blame; not sure the trip to India will play as well on Main Street as it is on Wall Street, either. India is seeking its own gains, after all
Making Wall Street happy sure isn’t doing much good for Main Street, now is it? Sadly, food stamps are a sure thing these days, but a job after graduation doing useful work is not.
You don’t have to take just my word or Huffington’s – to mine Census figures go here
PS: Mine is a “multi vote” poll – pick every option you think would make a positive impact.